By medius eSourcing, sometimes referred to as electronic sourcing, describes the use of web-based systems to collect and compare information about several suppliers in order to help the buyer select a preferred provider. The technology offers several benefits; it is designed to assist organizations generate savings from their supply chains,...
What’s OEM? What’s ODM? Difference between OEM and ODM? What is an Original Equipment Manufacturer (OEM)? An Original Equipment Manufacturer or OEM is a company that manufactures and sells products or parts of a product that their buyer, another company, sells to its own customers while putting the products under...
By DailyFX CNH VS CNY TALKING POINTS: What is CNH and CNY and what are the main differences? CNH refers to the Chinese Yuan in the offshore market , which is outside of Mainland China (the onshore market). China’s capital markets, including the FX market, are controlled and not fully...
The sourcing agent in China performs many roles to offer the best sourcing service. Buyers often have specific product requirements. So, the first thing that the sourcing agent does is understand these requirements. After that, the China sourcing agent support market research to finds qualified suppliers for the product. Moreover,...
You have tried importing products from China. How was the experience? It’s overwhelming, right? Don’t worry! This is where the best China sourcing company can come into play. Perhaps, you have tried searching China sourcing agents. There are many options, isn’t it? Maybe, you experience a hard time making decisions...
by shipbob.com Minimum Order Quantity: How to Calculate MOQ for Your Ecommerce Business & Tips on Navigating Them In the world of ecommerce, inventory is typically a business’s greatest asset. You want to have enough of it so that you can meet demand but not so much that you can’t...
Manufacturing products from china is considered as a practice that is recognized as a vital asset to have reduced costs in works by international businesses. Various brands utilize this opportunity, and this quality has turned Chinese manufacturing procedure into a staple to successful manufacturing. The product sourcing companies find it...
Many people who want to start an import business often do not take the first step because they are afraid of having problems with Chinese suppliers from the very beginning. Many people who want to start an import business often do not take the first step because they are...
What Is Online-To-Offline (O2O) Commerce? Online-to-offline (O2O) commerce is a business strategy that draws potential customers from online channels to make purchases in physical stores. Online-to-offline (O2O) commerce identifies customers in the online space, such as through emails and Internet advertising, and then uses a variety of tools and approaches...
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